Farm Income in India

Owing to poor income from crop cultivation, increased indebtedness and widespread suicides of farmers have been reported in different parts of the country. This has forced the researchers and policymakers to study the issue of farm income in an in-depth manner, which has previously not received adequate attention till the early 2000s. Besides the issue of estimate, many myths on farm income have not been adequately addressed with reliable and temporal data. Chapter 2 attempts to unravel the myths surrounding the issue of farm income and its estimates using data from cost of cultivation survey and the Situation Assessment of Survey of farmers. By showing the pathetic levels of farm income, it also recounts the measures that are needed to increase the farm income at the end.